Tredegar (NYSE:TG – Get Free Report) was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating in a research note issued to investors on Thursday.
Tredegar Stock Performance
TG stock opened at $7.32 on Thursday. The stock has a 50-day moving average price of $7.72 and a 200-day moving average price of $7.44. Tredegar has a 1-year low of $3.98 and a 1-year high of $9.22. The company has a current ratio of 0.79, a quick ratio of 0.42 and a debt-to-equity ratio of 0.13. The firm has a market cap of $251.42 million, a PE ratio of -9.26 and a beta of 0.75.
Tredegar (NYSE:TG – Get Free Report) last posted its quarterly earnings data on Wednesday, March 12th. The basic materials company reported $0.06 earnings per share for the quarter. The firm had revenue of $154.05 million during the quarter. Tredegar had a positive return on equity of 10.10% and a negative net margin of 3.84%.
Institutional Trading of Tredegar
About Tredegar
Tredegar Corporation manufactures and sells aluminum extrusions, polyethylene (PE) films, and plastic and polyester films in the United States and internationally. It operates through three segments: Aluminum Extrusions, PE Films, and Flexible Packaging Films. The Aluminum Extrusions segment produces soft and medium strength alloyed aluminum extrusions, custom fabricated and finished aluminum extrusions for the building and construction, automotive and transportation, consumer durables, machinery and equipment, electrical and renewable energy, and distribution markets; and manufactures mill, anodized, and painted and alloyed aluminum extrusions to fabricators and distributors.
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